XYZ Company purchased a new machine on January 1, 2023 for $149,800. The

machine had a 7-year life and a $5,600 salvage value assigned to it. The

machine is being depreciated using the sum-of-the-years'-digits method.

XYZ Company sold the machine on December 31, 2025 for $20,000.

Calculate the amount of the loss on the sale of the machine recorded by

XYZ Company.

I got 132050 is that correct?